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Advised platform assets set to reach £655bn in 2024

Advised platform assets are expected to reach £655bn in 2024, Fundscape has predicted in a recent outlook.

Advised platformsAdviser platformsBella caridade ferreira

Platform net flow performance plunges to all-time low in Q3

Gross net flows for pure adviser platform propositions plunged to an all-time low in the third quarter of 2023, Fundscape has revealed.

Bella caridade ferreiraTrue potentialLang catErich mayorBella caridade ferreiraPlatform performance

Dud year for platforms after recording lowest sales in 13 years

Consumer Duty regulation, the ongoing cost of living crisis, consumer morale and competition for cash have “wreaked havoc” on the platform industry over the last year and turned sales into a “bloodbath”, according to Fundscape.

Bella caridade ferreiraConsumer dutyTrue potentialAj bellTrue potential

Platform industry suffers worst Q2 sales since 2010

Platform sales failed to pick up in Q2 even as the tax-year-end approached, making it the worst second quarter since 2010.

Bella caridade ferreiraHargreaves lansdownPlatform reportTrue potentialWorld indexConsumer dutyAj bellHargreaves lansdown12 2023Platform salesBella caridade ferreiraConsumer duty

Lacklustre 2022 for platforms sees boom to gloom 8% asset slide

Volatile stock markets drove platform industry assets down to £853bn last year – an 8% drop on a record-breaking 2021.

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